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March 4, 1997updated 05 Sep 2016 12:14pm


By CBR Staff Writer

Computer Language Research Inc has reported fourth quarter net profits of $2.5m, after a $5.6m charge to write off purchased research and development, against losses of $1.2m last time, on revenue that rose 12.0% at $39.1m; net profits for the year to December 31 were down 91.1% at $1.0m against a period that included a $5.6m charge and a gain of $4.7m from sale of discontinued operations, on revenue up 16.8% to $129.2m. Net per share, $0.17 in the quarter, fell 91.2% to $0.07 in the year.

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